Millbrae
Situated in San Mateo County, California, is a charming city known for its scenic beauty and warm community atmosphere. Its strategic location offers residents convenient access to both San Francisco and Silicon Valley, making it a desirable place for commuters and families alike.
Recent Market Trends
As of November 2024, the Millbrae housing market has exhibited significant activity:
Median Sale Price: $2.1 million, reflecting a 21.6% increase year-over-year.
Median Sale Price per Square Foot: $1,050, up 19.7% from the previous year.
Median Days on Market: 19 days, indicating a highly competitive market.
These trends suggest a robust demand for properties in Millbrae, with homes selling swiftly and at increasing prices.
Real Estate
Millbrae's real estate primarily consists of single-family homes, with a mix of townhouses and condominiums. The average home value is approximately $1.97 million, marking a 4.8% increase over the past year.
The median listing price is around $1.6 million, trending up 3.1% year-over-year, with a median price per square foot of $1,050.
Key Features & Attractions
Parks and Recreation: The city boasts verdant parks running parallel to the shoreline, providing residents with ample opportunities for outdoor activities.
Downtown Millbrae: A vibrant area featuring a variety of dining options, boutique shops, and community events, fostering a close-knit atmosphere.
Proximity to Major Attractions: Millbrae's location offers easy access to the Bay Area's major attractions, combining urban elegance with suburban serenity.
Lifestyle Highlights
Residents of Millbrae enjoy a high quality of life characterized by:
Educational Excellence: The city is home to top-rated schools, making it an ideal place for families seeking quality education for their children.
Community Engagement: A welcoming and diverse community with numerous parks and recreational opportunities, fostering an active and engaged lifestyle.
Convenient Amenities: A variety of dining options and leisure clubs contribute to a comfortable and enjoyable living experience.
Transportation
Road Access: Proximity to major highways facilitates easy travel to San Francisco, Silicon Valley, and other parts of the Bay Area.
Public Transit: The Millbrae Intermodal Station serves as a premier transit hub, providing access to BART, Caltrain, and other transit services, enhancing connectivity for residents.
Airport Access: Adjacent to San Francisco International Airport (SFO), offering convenient options for domestic and international travel.
